Luther Burbank Corporation Announces Fourth Quarter 2021 Earnings Release and Conference Call Dates

Rhea-AI Summary

Luther Burbank Corporation (LBC) will release its financial results for Q4 and full year 2021 on January 25, 2022, post-market. The conference call to discuss these results is scheduled for January 26, 2022, at 8:00 AM PT. CEO Simone Lagomarsino and CFO Laura Tarantino will lead the discussion, open to analysts and the public via phone and webcast. As of September 30, 2021, LBC reported total assets of $7.2 billion, total loans of $6.3 billion, and total deposits of $5.6 billion.

Positive

• Total assets of $7.2 billion.
• Total loans of $6.3 billion.
• Total deposits of $5.6 billion.

Negative

• None.

SANTA ROSA, Calif., Jan. 10, 2022 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today that it will release its financial results as of and for the quarter and year ended December 31, 2021 after the market closes on Tuesday, January 25, 2022.

Simone Lagomarsino, President and Chief Executive Officer of Luther Burbank Corporation, and Laura Tarantino, Executive Vice President and Chief Financial Officer, will host a conference call on Wednesday, January 26, 2022 at 8:00 AM (PT) to discuss the Company’s results for the period.

Analysts, investors, and the general public may listen to a discussion of the Company’s quarterly performance and a question/answer session by using the phone number or live webcast link listed below. The webcast will include a slide presentation that will be available for review and may be referenced during the call. It is recommended that participants dial into the conference call or log into the webcast approximately 10 minutes prior to the call.

Earnings Call Details

Date: January 26, 2022
Time: 8:00 AM (PT)
Phone Number: (877) 221-8769
Conference ID: 4725219
Webcast URL: https://edge.media-server.com/mmc/p/u34v7zhv

About Luther Burbank Corporation

Luther Burbank Corporation is a publicly owned company traded on the NASDAQ Capital Market under the symbol “LBC.” The Company is headquartered in Santa Rosa, California with total assets of $7.2 billion, total loans of $6.3 billion and total deposits of $5.6 billion as of September 30, 2021. It operates primarily through its wholly-owned subsidiary, Luther Burbank Savings, an FDIC insured, California-chartered bank. Luther Burbank Savings executes on its mission to improve the financial future of customers, employees and shareholders by providing personal banking and business banking services. It offers consumers a host of highly competitive depository and mortgage products coupled with personalized attention. Business customers benefit from boutique-quality service along with access to products which meet their unique financial needs from the convenience of online and mobile banking, robust cash management solutions, and high-yield liquidity management products to multifamily and commercial real estate lending. Currently operating in the western United States, from ten branches in California, one branch in Washington and lending offices located throughout the market area, Luther Burbank Savings is an equal housing lender. For additional information, please visit lutherburbanksavings.com.

Contact:	Bradley Satenberg
	Investor Relations
	(844) 446-8201
	investorrelations@lbsavings.com

FAQ

When will Luther Burbank Corporation release its financial results for 2021?

Luther Burbank Corporation will release its financial results on January 25, 2022.

What time is the earnings call for Luther Burbank Corporation?

The earnings call is scheduled for January 26, 2022, at 8:00 AM PT.

How can I listen to the Luther Burbank Corporation earnings call?

You can listen via phone at (877) 221-8769 or through the webcast at the provided URL.

What was the total asset value reported by Luther Burbank Corporation as of September 30, 2021?

Luther Burbank Corporation reported total assets of $7.2 billion.